Australia and Oceania: Market for Frozen Vegetables other than Potato and Corn 2024

Market Size for Frozen Vegetables other than Potato and Corn in Australia and Oceania

For the third consecutive year, the market for frozen vegetables other than potato and corn in Australia and Oceania recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Frozen Vegetables other than Potato and Corn in Australia and Oceania

In value terms, production of frozen vegetables other than potato and corn fell slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable curtailment. The growth pace was the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Frozen Vegetables other than Potato and Corn

Exports in Australia and Oceania

In 2022, overseas shipments of frozen vegetables other than potato and corn decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of frozen vegetables other than potato and corn dropped to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

New Zealand prevails in corn structure, resulting at X tons, which was approx. X% of total exports in 2022. Australia (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to frozen vegetables other than potato and corn exports from New Zealand stood at X%. At the same time, Australia (X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. While the share of Australia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) remains the largest frozen vegetables other than potato and corn supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports.

In New Zealand, exports of frozen vegetables other than potato and corn plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, standing approx. at the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Imports of Frozen Vegetables other than Potato and Corn

Imports in Australia and Oceania

In 2022, approx. X tons of frozen vegetables other than potato and corn were imported in Australia and Oceania; surging by X% compared with the previous year. In general, imports continue to indicate mild growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen vegetables other than potato and corn rose significantly to $X in 2022. Total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

Australia was the major importer of frozen vegetables other than potato and corn in Australia and Oceania, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by New Zealand (X tons), committing a X% share of total imports. New Caledonia (X tons) followed a long way behind the leaders.

Australia experienced a relatively flat trend pattern with regard to volume of imports of frozen vegetables other than potato and corn. At the same time, New Caledonia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. New Zealand (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported frozen vegetables other than potato and corn in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

In Australia, imports of frozen vegetables other than potato and corn expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen vegetables other than potato and corn increased by X% against 2015 indices. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :